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The demand allowed Danantara Investment Management to tighten final price guidance to 5.35 percent for the five-year notes and 5.95 percent for the 10-year notes, according to a separate updated term sheet seen by Reuters.
1 hour agoThe Kalla Group currently operates hydroelectric power plants with a combined capacity of around 1,500 megawatts (MW) and is preparing to add another 2,000 MW through new projects, including gas-fired plants.
1 hour agoThe Institute for Essential Services Reform (IESR) said the disruptions at a single power plant or transmission component not supposedly trigger widespread blackouts given PLN's 30 percent reserve margin, protection systems and network redundancies.
3 hours agoThe administration would earmark Rp 500 billion to fund the first phase of the program, which is set to provide a subsidy of Rp 2,000 for every kilogram of soybeans purchased by food processors.
6 hours agoDanantara is also reportedly set to launch its debut US dollar bond that could raise as much as US$1 billion in what could become a key test of foreign appetite amid growing challenges in Southeast Asia’s largest economy.
10 hours agoNewly released data reflects a normalization in consumer sentiment after heightened demand earlier in the year driven by the Idul Fitri holiday period, and tighter monetary policy may weigh on consumer confidence and retail sales in the months ahead.
21 hours agoA House commission chairman has warned that hiking Pertamax's price 32.11 percent could push consumers toward cheaper subsidized fuels, even as the world continues to grapple with the energy fallout from the Middle East crisis.
1 day agoIndonesia is scaling back a controversial proposal to centralize the export of its strategic commodities, after buyers and exporters raised concerns, The Straits Times has learned.
1 day ago17-year old Russell James Young finds purpose through his initiative Beatkeepers Collective in an effort to decrease death rates in emergency situations related to cardiovascular-related events, fostering a new generation of first aid responders.
3 days agoJadrianna Sutrisno, 16-year-old student from Jakarta Intercultural School (JIS), examines the correlation between soil used for agriculture complemented by volcanic ash, and the statistics of stunting in each province.
1 week agoArtificial intelligence company Anthropic suggested Thursday a global pause on building the most powerful AI systems as the latest models are beginning to show signs they could escape human control.
1 week agoWebsite publishers, particularly media outlets, claim that artificial intelligence models take their content without compensation.
1 week agoThe EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favor European digital alternatives.
1 week agoChina's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different – and potentially competing – path from the United States in shaping the future of money.
1 week agoThe investment arm of Danantara has launched a US dollar bond in five- and 10-year tranches and is targeting about US$500 million for each tranche, three sources with knowledge of the matter said on Thursday.
1 day agoThe merger was exercised amid the increased needs for brands on a more integrated marketing solution.
1 day agoThe company reported that, within two months of opening its first international branch in the Timor-Leste capital of Dili on March 30, it had processed more than 600 transactions, generating total financing disbursements of US$ 329,882.
2 days agoThe world's leading banks ramped up investment in fossil fuels last year to the overall tune of US$900 billion, up 8 percent on 2024, a group of NGOs said Tuesday in a joint report.
3 days agoIndonesia is scaling back a controversial proposal to centralize the export of its strategic commodities, after buyers and exporters raised concerns, The Straits Times has learned.
1 day agoThe demand allowed Danantara Investment Management to tighten final price guidance to 5.35 percent for the five-year notes and 5.95 percent for the 10-year notes, according to a separate updated term sheet seen by Reuters.
1 hour agoFresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday, following a rollercoaster week for markets that has sent shivers through trading floors.
1 day agoSeoul's Kospi stock index dived more than 8 percent to lead a rout across Asia on Monday as tech firms were hammered and strong US jobs data fueled bets on a Federal Reserve interest rate hike.
4 days agoChina and Hong Kong stocks slid to their lowest levels in two months on Monday, tracking a global tech selloff, but pared losses by midday with some investors using the correction as a buying opportunity.
4 days agoThe dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone.
4 days agoBank Indonesia (BI) and the Finance Ministry on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record lows in the past few weeks.
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